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The increasing proliferation of mobile devices with Internet access contributed to clarify some important limitations of TCP/IP stack regarding mobility, multihoming, traceability and security. In its original design, Internet IP addresses were overloaded to simultaneously support host identification (ID) and location (Loc). As a consequence, application functionality can be affected when IP addresses are changed to update mobile nodes location. This dual functionality causes many problems in the current Internet, especially in supporting mobility. To deal with this limitations several solutions based on the idea of ID/Loc splitting have been proposed. In this position paper we present and compare some of them, summarizing their main features and limitations. We also identify opportunities and challenges for future research in the area as well as expected impacts/relations with other Future Internet aspects.